Kurraba Point apartment block records its first sale in 20 years

IT’S been a long time between drinks for this tightly held Kurraba Point apartment block, but a massive sale price ensured it recorded its first ever sale in its 20 year history.

Matt Bell

Mosman DailySeptember 17, 201812:00am

No. 4/123 Kurraba Rd, Kurraba Point, has sold for more than $5.5 million.Source:Supplied

AN APARTMENT in what might be in the tightest held residential block on the lower north shore has sold for more than $5.5 million.

Since the Mirvac build opened 18 years ago, none of the five original purchasers had moved on until now.

The owners of 4/123 Kurraba Rd, are the first ones to sell. Sold by Belle Property Neutral Bay’s Matthew Smythe and David Forrester, Mr Smythe was unable to reveal the sale price but said it sold for “well in excess of $5.5 million”.